Victory Capital Management Inc. Purchases 3,210 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Victory Capital Management Inc. raised its stake in Resideo Technologies, Inc. (NYSE:REZI) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 168,958 shares of the company’s stock after purchasing an additional 3,210 shares during the period. Victory Capital Management Inc. owned approximately 0.11% of Resideo Technologies worth $3,894,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. State Street Corp boosted its holdings in Resideo Technologies by 2.0% in the 3rd quarter. State Street Corp now owns 8,060,486 shares of the company’s stock valued at $162,338,000 after purchasing an additional 159,069 shares during the period. Pacer Advisors Inc. acquired a new position in shares of Resideo Technologies in the 4th quarter valued at $122,145,000. Geode Capital Management LLC raised its stake in shares of Resideo Technologies by 0.8% in the 3rd quarter. Geode Capital Management LLC now owns 3,363,750 shares of the company’s stock valued at $67,759,000 after buying an additional 26,000 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Resideo Technologies by 6.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,645,390 shares of the company’s stock valued at $37,926,000 after buying an additional 99,525 shares in the last quarter. Finally, Beaconlight Capital LLC raised its stake in shares of Resideo Technologies by 64.9% in the 3rd quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company’s stock valued at $21,931,000 after buying an additional 428,669 shares in the last quarter. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Trading Up 3.2 %

Shares of REZI stock opened at $17.46 on Friday. Resideo Technologies, Inc. has a 52-week low of $16.88 and a 52-week high of $28.28. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 27.71 and a beta of 2.32. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. The firm has a fifty day moving average of $21.10 and a 200-day moving average of $21.95.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. On average, equities research analysts forecast that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal year.

Resideo Technologies Company Profile

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.